Kuwait-Mubasher: The price index of Kuwait’s stock market started Monday falling 0.49% or 28 points to settle at 5,672.12 points at 9:35 am Kuwait local time.
The weighted index retreated 0.39% or 1.5 points to reach 390.88 points.
Also, the Kuwait-15 index leveled down 0.3% or 2.9 points to 937.56 points.
A negative performance controlled the opening; however, the index can stop falling if it reaches above 5,702 points and keep rising to 5,755 points, said technical analyst Nawaf Al-Oun.
The current support level lies at 5,667 points, the analyst said, adding that by exceeding this point, the index may reach to 5,655 or below to the bottom.
The market’s turnover amounted to KWD 3.5 million, after 42.3 million shares were traded through 1,015 transactions.
KAMCO Investment led the winners by 9.6%, while Kuwait Real Estate Holding headed the losers by 9.1%.
GFH was the most active stock, as 4.94 million shares were traded. However, the index fell by 6.67%.
Viva recorded the highest liquidity of about KWD 844,000. The stock rose 2.2%.
